Despite being one of crypto’s oldest and most well-known projects, EOS has lagged behind the rest of the market in recent months. But what does the future hold for EOS? In this article, you’ll discover EOS price predictions for 2023, 2024, and 2025, and find out why some are predicting Metacade’s MCADE token could rocket 100x in 2023.
EOS (EOS) Was One of 2022’s Worst Performers
EOS is a smart contract-enabled blockchain launched in 2017. Touted as one of the leading “Ethereum killers”, EOS rose through the ranks to become one of the most valuable cryptocurrencies. However, despite remaining in the top 50 most valuable projects during the crypto winter, EOS’s performance has been underwhelming recently to say the least.
One just needs to look at EOS’s market cap to determine that most crypto investors feel the same. In 2018, its market cap peaked at $17.5 billion, more than Cardano’s current market cap (CoinGecko). However, despite the tremendous bull run in 2021, it briefly peaked at $13.5 billion in May before plummeting to $3.5 billion a month later.
So why has EOS’s growth been so lackluster? Many investors seem concerned that EOS offers nothing different from the dozens of layer-1 solutions on the market. Moreover, many have cited high centralization among validators and several damaging hacks as reasons to stay away from the project.
EOS (EOS) Price Prediction
While much of the market suffered during the ongoing crypto winter, EOS seemed to be one of the biggest losers. It fell almost 95% from its May 2021 peak to a low in November 2022, although it has risen 43.5% as the crypto winter began to thaw in January.
Many EOS price predictions have benefitted from the projected bull run in 2023, but they still fall short of many others, like Metacade. Maximum EOS price predictions for 2023 lie around $1.80, up over 63% from its current price of $1.10. Beyond that, EOS price predictions for 2024 and 2025 stand at $2.93 and $5.09, respectively. While these returns aren’t awful, many projects are expected to offer much higher gains by the end of the year. One such project is Metacade.
Metacade (MCADE) is Expected to Dominate Play-To-Earn
Metacade is a community hub designed to be a one-stop platform for all things play-to-earn (P2E) gaming. GameFi is set to hit the mainstream in 2023 as more players flock to join the P2E revolution, and Metacade will be the top spot for meeting like-minded gamers, learning how to get ahead in the latest P2E games, and even playing a direct role in determining the future of the industry.
There’ll be forums for discussing the latest P2E games, real-time chats for discussing strategies and sharing tips, and spaces for reading the hottest GameFi alpha posted by P2E veterans. One feature attracting plenty of attention to Metacade during its ongoing presale is its reward system, where users can earn MCADE directly, for contributing to the platform and interacting with others.
Perhaps the biggest game-changer of all will be Metacade’s Metagrant initiative, launching later this year. This scheme allows developers to propose game ideas for the community to vote on. The project that earns the most votes is awarded funding from the Metacade treasury to bring the game to life, with the final game being added to Metacade’s virtual arcade. Developers even have the option to use the platform’s native testing environment to receive feedback on their games.
There are also plans for a decentralized autonomous organization (DAO), a pay-to-play virtual arcade, and regular community events to keep users engaged. Recently, Metacade gained Certik approval, one of the leaders in blockchain auditing and transparency, further boosting its reputation in the eyes of potential investors and users.
Metacade (MCADE) Price Prediction
These aspects have led to thousands of investors rushing to pick up MCADE tokens in presale, with over $7.8m of investment flowing into the project in just 14 weeks after the launch. By the time presale finishes, MCADE will be worth $0.02, but some analysts have made bold predictions that it could reach $2 by the end of 2023 – 100x returns in just under a year!
In 2024 and 2025, many experts forecast that, as P2E gaming takes off, the price of MCADE could surge to at least $4.50 and $6, respectively. For unique projects like Metacade, achieving these kinds of returns is certainly not out of the question.
Metacade (MCADE) may be a Much Better Investment
In summary, EOS has suffered immensely during the recent crypto winter, and ultimately, doesn’t seem to have much going for it in terms of innovation or growth potential. Metacade, on the other hand, is effectively the opposite. It is positioning itself to become a leader of the P2E industry by offering some groundbreaking features that gamers are likely to find incredibly valuable.
Meanwhile, the expected growth of GameFi in 2023 and beyond could be a huge catalyst for Metacade’s user base to quickly expand, driving up the price of MCADE in the process. If you want to get in before this growth occurs, be fast. MCADE tokens are currently on sale for $0.0155, and time is running out to grab tokens this cheap before its price continues to climb. Forget EOS price predictions as Metacade could be a much better investment.
You can buy EOS (EOS) at eToro here.
You can participate in the Metacade presale here.
The post EOS Price Making Slow Gains While Metacade Set to 100x in 2023 appeared first on CoinJournal.
